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U.S. trade policy has evolved greatly in the 75 years since the passage of the landmark 1934 Reciprocal Trade Agreements Act (RTAA). At the beginning of this era, the United States and its trading partners had in place high import tariffs.
This survey reviews the broad changes in U.S. trade policy over the course of the nation’s history. Import tariffs have been the main instrument of trade policy and have had three main purposes: to
21 Φεβ 2024 · Since World War II, U.S. trade policy has generally sought to advance U.S. economic growth and competitiveness by: reducing international trade and investment barriers; fostering an open, transparent, and nondiscriminatory rules-based trading system through the World Trade Organization (WTO); enforcing partner countries’ trade commitments and U....
17 Ιουν 2021 · This article starts with a broad survey of US strategic trade policy in the 1980s. Its purpose is to show how the US state has honed a collection of trade instruments and perspectives to consolidate US power in the world.
This article reviews the broad changes in US trade policy over the course of the nation's history. Import tariffs have been the main instrument of trade policy and have had three main purposes: to raise revenue for the government, to restrict imports and protect domestic producers from foreign competition, and to reach reciprocity agreements ...
21 Δεκ 2016 · Strategic trade policy refers to trade policy that affects the outcome of strategic interactions between firms in an actual or potential international oligopoly. A main idea is that trade policies can raise domestic welfare by shifting profits from foreign to domestic firms.
The popular understanding of the meaning of strategic trade policy or ‘industrial policy’ is far broader. Many justifications are given for governments trying to ‘pick winners’ and in various ways trying to foster the expansion—especially into export markets—of particular firms or industries.
